Meet-or-release contract

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Meet-or-Release Contracts

These contracts include "meet or release" competition clauses wherein a company contracts with a customer to sell a product at a given price unless the customer can purchase the product cheaper elsewhere, in which event the customer may do so only after giving the company the opportunity to meet (or better) the cheaper offer. This clause may be unlawful as reinforcing a dominant position because the customer is forced to disclose a competitor's offer to allow another company the opportunity to match it.